CGC panel session live stream at COP30

  • Date:
    Wed, Nov 12, 2025
  • Time:
    20:15 – 21:15 JST (8:15-9:15 BRT)
  • Location:
    Standards Pavilion at the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30), BLUE ZONE, PV-C86, Belém, Brazil.
  • Organizer:

    Center for Global Commons (CGC), Institute for Future Initiatives, University of Tokyo

  • Language:

    English, no Japanese translation

  • Participation:

    [Onsite]
    Those who already have access to the COP30 Blue Zone, PV-C86 are allowed to participate.

    [Online]

Abstract

To halt and reverse nature loss and strengthen economic and ecosystem resilience, a fundamental transformation of the economic system is required where natural capital is recognized as a driver for economic growth and an asset on our balance sheets. This balance sheet recognition is currently advancing too slowly as it requires deep scientific, technological, regulatory, political, and mental shifts.

For this recognition to become the new normal and guide investment decisions worldwide, critical enablers such as accounting, auditing, contracting, ratings, regulation, and national policies must align. Parallel to business efforts to integrate natural capital into their decision making, governments and regulators must promote a market infrastructure transformation by rewarding and incentivizing appropriate management of natural capital.

The Nature on the Balance Sheet Initiative is jointly led by the Center for Global Commons, Capitals Coalition, SYSTEMIQ, and The Landbanking Group.

To accelerate this transformation, curating movements in each enablers’ actions towards a shared goal of valuing natural capital in a standardized manner and integrating it at all levels of economic decision making is critical. Furthermore, the voices of Asia, Latin America, Africa and the Global South must be reflected in the process.

Speakers

The Honourable Steven Guilbeault, Minister of Canadian Identity and Culture, and Minister responsible for Official Languages
Lieke Verhofstad, Global Strategic Relations & Partnerships, Rabobank
Mark Gough, CEO, Capitals Coalition
Naoko Ishii, Director, Center for Global Commons, Univ of Tokyo (Moderator)

Related links

CGC seminar at COP30: Nature on Balance Sheet -Process and Roadmap-

On 11 November 2025, the Center for Global Commons hosted a seminar, Nature on Balance Sheet: Process and Roadmap, at the Japan Pavilion during the 30th UN Climate Change Conference (COP30) in Belém, Brazil.

Session Summary
Due to our economic and social activities, seven out of nine planetary boundaries have already been transgressed. In order to restore our sustainable relationship with the planet and transition to a nature-positive economy, it is critical that we recognize the full value of natural capital, which has been regarded as free and has been exploited, and integrate it into our economic decision-making. This session introduced the “Nature on the Balance Sheet (NoBS)” initiative implemented by the Center for Global Commons in collaboration with its international partners. It discussed the process and roadmap for developing international rules that recognize natural capital as an investable asset to be reflected in the balance sheet. The expert panelists presented the latest science on the tipping point of the Amazon ecosystem, practical experience as a forest asset owner, agribusiness providing science-based solutions, challenges to valuing tropical rainforests, and the role of investment and policy in accelerating the NoBS process. Supported by perspectives of Asia and the Global South, the session affirmed the importance of “Nature on the Balance Sheet” initiative for system transformation and helped to disseminate the debate internationally.

Speaker
ISONO Hiroyuki | CEO, Oji Holdings
NAKAMURA Shigeo | CEO, Ajinomoto
Ilona Szabó de Cavalho | President, Igarapé Institute
Carlos Nobre | Senior Scientist, University of Sao Paulo
Guido Schumidt-Traub | Partner, SYSTEMIQ

Moderator
ISHII Naoko | Professor and Director, Center for Global Commons, University of Tokyo